Thank you for the reply. I saw quite a few threads for PS3's from US to other parts of the world. My condition is exactly opposite. I know it should not matter but just wanted to be double sure before I try this. (PS3 costs around $400 in India:))

Oh, well ok then! It says that its specs are: AC 220 - 240 V, 50 / 60 Hz. But people elsewhere keep confirming that its actually universal. You will however need to use HDMI since you're moving from PAL to NTSC. Source 1Source 2

Wow its true. The PS3 power supply is universal. I went home and with all the courage I had, I directly plugged in the PS3 to the outlet and it worked like a charm. I can 100% assure that it works. Funny thing is yesterday, I called SONY customer support person and he told me not to use India PS3 in US as it would fry the power supply and instead buy a new PS3. I guess that is the SONY marketing strategy to sell more PS3s :)

"I have recently got PS3 from US. Wanted to know if it's ok to use it in India without voltage converter. Thanks"

I too have the old fat model of PS3 which I purchased in US. I was scared to plug it in directly to Indian 240V, so I used a step down transformer. The PS3 started with the red light on. I pressed the button to start, the green light just stayed on for a second and turned to red again. After reading and researching a lot on the forums and blogs, I plugged in the PS3 cable directly into the 240V power outlet, said a little prayer. It works fine!!! NO VOLTAGE CONVERTER REQUIRED FOR PS3!!! CONFIRMED!!

What about the model - cech 4301c? I purchased this PS3 SuperSlim model for Thanksgiving in US. It says the same - 120V 60Hz on the port and book. Can i connect to 230V India w/o step down transformer?